Essay - Globalization the Center for Strategic and International Studies (Csis) Defines...

Globalization

***** Center for Strategic and International Studies (CSIS) defines globalization as "a process of interaction and integration among the people, companies, and governments of different nations, a process driven by intern*****tional trade and investment ***** aided by in*****mation technology. This process has effects on ***** environment, on culture, ***** political systems, on economic development and prosperity, and on human physical well-being in societies around the world. (CSIS 2006)" There are ***** schools of thoughts on when the term actually started, some historians say that, "The many meanings ***** the word "globalizati*****" have accumulated very rapidly, and recently, and ***** verb, 'globalize' is first attested ***** the Merriam Webster Dictionary in 1944. In considering the history of **********, some authors focus on events since 1492, but most scholars and theorists c*****centrate on the much more recent past. (Frank 2006)" Other proponents ***** that globalization started in the 1980s with the rapid growth in information technology.

***** ***** home front, ***** affected my family via some family members moving go other cities or countries where w*****k opportunities take them. ***** money is quite good on the plus side ***** missing ***** members takes its toll on us. Lay-offs of some ***** our friends happened also due to globalization - they were told it is cheaper to manufacture computer chips in China than in the United States.

***** is here to stay, and on a pers*****al fearless forecast of the future, a lot of ***** entry level jobs in call centers, transcriptions, s*****tware development or even education might be outsourced abroad due to the ***** labor market. Optimisti*****y, globalization will lower the cost of some products and services ***** to ***** low cost manufacturing and ***** and t***** will be more i*****ems ***** choose from ***** but then again, we haven't touched on quality yet!

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***** Global Connections. What is *****ization? Globalization101.org. 18 May 2006 www.globalization101.org/What_is_Globalization.html?PHPSESSID=f67fa4b8f7cba69eafca3a17571f7464

*****, Andre Gunder. A Quick Guide to the World History of Civilization. School of Arts and Sciences, University of Pennsylvania. 18 May 2006 http://www.sas.upenn.edu/~dludden/global1.htm

IMF Staff. Globalization: Threat or Opp*****tunity? International Monetary Fund. January 2002. ***** May ***** http://imf.org/external/np/exr/ib/2000/041200.htm#II.

PREM Economic Policy Group and Development *****s Group. What is *****? The World Bank Group. April 2000. 18 ***** 2006